OKC Thunder to pay luxury tax for third consecutive season
The Thunder will pay a projected $2.5 million this season for being over the luxury tax line, ESPN's Bobby Marks reported Wednesday.
Team salaries are now frozen for tax purposes, according to Marks.
The Thunder's team salary ($133.8 million) is above the luxury tax level for the third consecutive season, but this year's bill is a sharp drop from the $61.6 million Oklahoma City owed last season.
The Trail Blazers, Heat and Timberwolves join the Thunder in being over the luxury tax, but the four teams will combine to commit just $11.9 million, Marks projected. That's the lowest amount since the tax was introduced in 2002-03.